Friday, July 20, 2007
Perils of Piety
The deeper we dig into the abuse of power by the current New College of California Board of Trustees, the more it appears that what initially seemed like willful misfeasance was in fact a calculated corruption. By purposely positioning themselves to take advantage of low-income minorities and poorly-performing students -- now saddled with loans they'll never repay -- the trustees are guilty of more than just delusions of grandeur. Premeditated, systematic predation -- consciously planned, marketed, and executed -- is potentially actionable.
The fact the trustees might have internalized the fraud because it was perpetrated for so long is no excuse--even if they actually came to believe the lies they themselves were telling. The day of reckoning is upon us.
The fact the trustees might have internalized the fraud because it was perpetrated for so long is no excuse--even if they actually came to believe the lies they themselves were telling. The day of reckoning is upon us.
